OM Stock on the Rise: A Promising Investment


Outset Medical Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $20.96 on 07/12/23, and the lowest price during the same period was recorded at $1.92 on 04/15/24.

52-week price history of OM Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Outset Medical Inc’s current trading price is -82.87% away from its 52-week high, while its distance from the 52-week low is 86.98%. The stock’s price range during this period has fluctuated between $1.92 and $20.96. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 0.49 million for the day, which was evidently lower than the average daily volume of 1.39 million over the last three months.

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Financial Performance and Market Capitalization

Outset Medical Inc (OM) has experienced a quarterly rise of 75.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 185.67M and boasts a workforce of 480 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.15, with a change in price of +0.11. Similarly, Outset Medical Inc recorded 1,246,856 in trading volume during the last 100 days, posting a change of +3.16%.

OM Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for OM stands at 2.17. Similarly, the long-term debt-to-equity ratio is also 2.16.

OM Stock Stochastic Average

Outset Medical Inc’s raw stochastic average for the past 50 days is currently at 44.27%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 5.38%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 17.95% and 21.71%, respectively.

OM Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -33.64% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -35.08%. Over the past 30 days, the price of OM has leaped by -11.79%. And in the last five days, it has fallen by -6.75%.

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